Last updated on August 27, 2026

Average rent in
Cheyenne, WY

Key takeaways for renters

  • Where Cheyenne rent stands today

    Cheyenne, WY rent rose 16.7% year over year, with a current median of $1,400/month. Renters today are paying $260 more per month on average than last year as the market reaches its peak for August 2026.

  • Cheyenne is 27.3% more affordable than the $1,925/month national median, offering a smaller market with 119 total rentals but accessible pricing relative to many metros.

  • Rent ranges by bedroom

    Studios in Cheyenne rent for $750/month, 1-bedrooms for $995/month, and 2-bedrooms for $1,262/month. Larger units cost more, with 3-bedrooms at $2,050 and 4+ bedrooms at $2,500, providing a range of options for renters.

Median rent

Median rent in Cheyenne

$1,400/mo

increased by17%

vs previous year

The average rent in Cheyenne is $1,400 per month as of August 2026. This is 27% below the national average rent, or $525 less per month.

$1.35

average price per square foot

Total rentals

Available rentals in Cheyenne

119

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Cheyenne rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Cheyenne, WY

Average rent prices in Cheyenne have increased by 1% over the last month and have increased by 17% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Cheyenne, WY

Rent prices in Cheyenne vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Cheyenne is $1,185, whereas a house costs $2,295. 1-bedroom apartments in Cheyenne run $985 on average, while 2-bedroom apartments are $1,250.

Listings

Studio

$750

10%

8%

1 bedroom

$995

No Change

8%

2 bedroom

$1,262

No Change

11%

3 bedroom

$2,050

1%

27%

4 bedroom

$2,500

4%

18%

Studio

Average rent

$750

Last 30 days

10%

Last year

8%

1 bedroom

Average rent

$995

Last 30 days

No Change

Last year

8%

2 bedroom

Average rent

$1,262

Last 30 days

No Change

Last year

11%

3 bedroom

Average rent

$2,050

Last 30 days

1%

Last year

27%

4 bedroom

Average rent

$2,500

Last 30 days

4%

Last year

18%

The table above reflects average rent prices in Cheyenne, WY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Cheyenne, WY compare to other cities?

Compare median rent prices in Cheyenne and Berthoud by all bedroom counts and property types.

Cheyenne

Median rent price$1,400
decreased by27%

lower than the national median

Median rent price$2,850
increased by48%

higher than the national median

Takeaway

The median rent for all rentals in Cheyenne, WY is 51% lower than the median rent in Berthoud, CO.

Cost of living in Cheyenne, WY

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services2% higher
Groceries2% higher
Health2% lower
HousingNo difference
Transportation5% lower
Utilities5% lower

Discover rentals in Cheyenne, WY

Concord Village - Photo 1 of 1
Age restricted

4d ago

8.2

Very good

Concord Village

1122 W Allison Rd, Cheyenne, WY 82007

1–2 beds

1 bath

$419–$976

Apartment for rent

Lexington Hills - Photo 1 of 1

1d ago

8.3

Very good

Lexington Hills

514 Desmet Dr, Cheyenne, WY 82007

2–4 beds

1–2 baths

$598–$1,274

Apartment for rent

Pershing Pointe Townhomes - Photo 1 of 1

18h ago

7.7

Very good

Pershing Pointe Townhomes

1900 Rainbow Rd, Cheyenne, WY 82001

2–4 beds

2 baths

$943–$1,238

Apartment for rent

Converse Ave - Photo 1 of 1

5d+ ago

8.8

Very good

Converse Ave

1114/18 Converse Ave, Cheyenne, WY 82001

2 beds

1 bath

$950

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Cheyenne, WY

Quick answers to common questions about the Cheyenne rental market.

How much is rent in Cheyenne?

The average rent in Cheyenne is $1,400 per month as of August 22, 2026.

Is rent up or down in Cheyenne?

Average rent prices in Cheyenne have increased by 1% over the last month and have increased by 17% since last year.

How does Cheyenne rent compare to the national average?

Rent in Cheyenne is 27% below the national average, which means renters are paying approximately $525 less per month.

Which neighborhoods are most affordable in Cheyenne?

The most affordable neighborhoods in Cheyenne are Ranch East ($1,102/mo), Historic Cheyenne ($1,200/mo), and Grandview Park ($1,250/mo).

What salary do I need to afford rent in Cheyenne?

To comfortably afford rent in Cheyenne, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Cheyenne?

April offers the best rental deals in Cheyenne, with rents running about 16% lower than November's peak prices. December also provides good opportunities with the least competition among renters.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Cheyenne